The mortgage interest rate climate has changed. Here's what a good rate is considered to be at the start of 2026.
The Federal Reserve went big with its first interest rate cut since March of 2020. The Fed announced a half-point cut in the federal funds rate, dropping to 4.875%, down from a 23-year high of 5.50%.
Fannie Mae’s latest housing forecast projected the average 30-year fixed mortgage rates would be 6.2% in the first quarter of ...
The Federal Reserve on Wednesday announced its first interest rate cut since March 2020 in an attempt to provide much-needed relief for consumers when it comes to home and auto purchases, as well as ...
WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but ...
In August 2023, the Federal Reserve concluded one of the most aggressive campaigns to hike interest rates in its history. With inflation cooling significantly and unemployment ticking higher, the Fed ...
The era of high interest rates could be over, according to the Federal Reserve. The Federal Reserve has two objectives, as mandated by law. First, it aims to keep the Consumer Price Index (CPI) ...
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